Core Viewpoint - Chengdu Gas announced the decision of its board to merge its subsidiaries, Xinan Gas, with Weida Gas and Tangchang Gas, aiming to streamline management and enhance efficiency without substantial impact on current profits and losses [2] Group 1: Merger Details - The merger will result in the cancellation of the legal status of Weida Gas and Tangchang Gas, with all assets, liabilities, operations, personnel, and qualifications being inherited by Xinan Gas [2] - The internal restructuring is based on a valuation as of December 31, 2024, and will not involve cash payments [2] - Following the merger, the company's shareholding ratio will adjust to 48.02% [2]

Group 1 - The core viewpoint of the articles indicates that Guangdong Yaowang Technology Group Co., Ltd. is facing significant operational pressure due to a substantial decline in its footwear business revenue and ongoing losses, prompting the company to consider selling its footwear sales business to focus on digital marketing [1] - The company plans to restructure internally to facilitate the transfer of its footwear sales business, which includes a debt-to-equity swap and asset transfer to its wholly-owned subsidiary, Foshan Saturday Footwear Co., Ltd. [2] - The total amount of the capital increase for Saturday Footwear is projected to be 53,625.38 million yuan, which will be fully accounted for in the capital reserve, while the registered capital of Saturday Footwear will remain unchanged at 10 million yuan [2]